Published date: 7 May 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
ME14 1XQ
Value of contract
£1,000,000
Procurement reference
SC230003
Published date
7 May 2024
Closing date
1 May 2024
Closing time
12pm
Contract start date
13 May 2024
Contract end date
12 May 2029
Contract type
Service contract
Procedure type
Call-off from a framework agreement
A mini-competition or direct purchase from a pre-established framework agreement.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
Kent County Council (KCC) have appointed Oxygen Finance Limited on a 5-year contract to provide an Early Payment Scheme along with additional associated services. The Early Payment Scheme will enable KCC's external suppliers who choose to participate to be paid earlier than their contracted payment terms in exchange for an early payment discount. The additional services associated with the Early Payment Scheme are Oxygen Finance Insights and a Recovery Audit Service. The Oxygen Finance Insights service allows for public sector organisations to have access to valuable public sector spend and tender data. The Recovery Audit Service allows for Oxygen Finance to carry out recovery audits for KCC.
This contract was awarded to Oxygen Finance Limited via the NEPO (North East Procurement Organisation) Early Payment Service (NEPO521).
Award information
Awarded date
3 May 2024
Contract start date
13 May 2024
Contract end date
12 May 2029
Total value of contract
£1,000,000
This contract was awarded to 1 supplier.
OXYGEN FINANCE LIMITED
Address
1st Floor,Enterprise House, 115 Edmund Street
BIRMINGHAM
West Midlands
B3 2HJ
GBReference
Companies House number: 05288899
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Alex Whelan
Address
County Hall
MAIDSTONE
ME141XX
England
Share this notice
Closing: 1 May 2024, 12pm
All content is available under the
